$1,395,000

Multi Unit San Luis Obispo United States

  • 5 Beds
  • 3 Baths
  • 2,816 Sqft
  • 8,983 Sqft lot
  • Updated: July 23
  • 2
    Views for last 30 days
  • MLS#SC26108142

About the Property

Positioned in the heart of San Luis Obispo’s sought-after Railroad District, this exceptional multi-unit property presents a rare investment opportunity just moments from Meadow Park, Hawthorne Park, and Downtown San Luis Obispo. Situated on a generous 8,980 square foot street-to-street lot, the property offers three tenant occupied residences with strong income potential currently producing $7,60
Positioned in the heart of San Luis Obispo’s sought-after Railroad District, this exceptional multi-unit property presents a rare investment opportunity just moments from Meadow Park, Hawthorne Park, and Downtown San Luis Obispo. Situated on a generous 8,980 square foot street-to-street lot, the property offers three tenant occupied residences with strong income potential currently producing $7,600/month ($91,200/year) in total rental income. The front residence at 523 Branch Street features 3 bedrooms and 1 bathroom, highlighted by a welcoming covered front porch, mature shade trees, and a spacious front yard. Inside, the open-concept living area creates a comfortable flow, while the kitchen includes convenient in-unit laundry. Tucked behind the main home are two additional units, 520 South A & B, both built in 1989. Each unit offers an open-concept lower level with a pass-through kitchen window to the living room and direct access from the dining area to a private yard space. Upstairs, you’ll find a generously sized bedroom, full bathroom, and versatile loft area ideal for a home office or additional living space. Off-street parking is available in front of the units. With its prime central location, large lot, and three-unit configuration, this property offers an outstanding opportunity for investors, owner-occupants, or those seeking rental income in one of San Luis Obispo’s most desirable neighborhoods.
  • Property type

    Other

  • Floors

    2

  • Year built

    1910

  • Price/sqft

    $495

Features

  • Garden
  • Investment Property
  • Office
  • Parking
  • Laundry Room

Explore the Area

523 Branch Street, San Luis Obispo, California, United States View on Google Maps
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Lindsey Harn
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Christie's International Real Estate Sereno - San Luis Obispo
Christie's International Real Estate Sereno - San Luis Obispo
364 Pacific Street, 93401, San Luis Obispo, California, United States
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San Luis Obispo, often called SLO, is a picturesque city on California’s Central Coast. Known for its scenic bea

San Luis Obispo, often called SLO, is a picturesque city on California’s Central Coast. Known for its scenic beauty, vibrant community, and historic charm, SLO offers a unique blend of small-town appeal and modern amenities, making it a desirable place to live and visit.


Downtown San Luis Obispo is the heart of the city, characterized by its lively atmosphere and historic sites. The Mission San Luis Obispo de Tolosa, founded in 1772, serves as a central landmark and a reminder of the city’s rich history. The downtown area is vibrant with shops, restaurants, and cultural attractions. Regular events such as the weekly farmers’ market and outdoor concerts add to the community’s dynamic lifestyle.


San Luis Obispo is home to California Polytechnic State University, commonly known as Cal Poly, a major driver of innovation and education in the region. Cal Poly attracts students from all over the world and contributes significantly to the local economy and culture. The university’s emphasis on ”Learn by Doing” fosters a spirit of innovation and practical experience among its students.


The city is surrounded by beautiful landscapes, including beaches, hills, and vineyards. Popular spots like Bishop Peak and Montaña de Oro State Park offer excellent hiking, biking, and outdoor adventure opportunities. The city’s commitment to sustainability is evident in its numerous parks and open spaces, promoting a healthy and active lifestyle for residents.


The real estate market in San Luis Obispo is competitive, with a mix of historic homes, modern condos, and family-friendly neighborhoods. Despite the high demand, the city offers a range of housing options that cater to different lifestyles and preferences. The median home price reflects the city’s desirability and economic stability.


San Luis Obispo is known for its excellent quality of life, low crime rate, and strong sense of community. The city’s public schools are well regarded, and there are several private school options available. Transportation is convenient, with access to public transit systems and major highways making it easy to travel within the region and beyond.


SLO combines historic charm, vibrant community life, and modern amenities. Its beautiful landscapes, educational opportunities, and recreational activities make it an ideal place to call home.

Last updated
July 23
First listed
May 27
Agent licence
#01868098 (CA)
Listing reference
CRMLSSC26108142
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